TransCanada to build pipeline, terminal facility in Alberta

May 2 (Reuters) - TransCanada Corp, Canada's No. 2
pipeline company, said it would spend an estimated $900 million
to build and operate a 200-kilometer (125-mile) pipeline and oil
storage terminal to cater to growing crude production in
Alberta.

The company said it had reached long-term shipping
agreements to build the proposed Heartland Pipeline, connecting
the Edmonton region to facilities in Hardisty, Alberta, and an
oil terminal in the Heartland industrial area north of Edmonton.